Hewlett-Packard (HPQ) has wrapped up its acquisition of technology services giant Electronic Data Systems Corp. (EDS), the company’s largest purchase since the $20 billion merger former HP CEO Carly Fiorina orchestrated with Compaq Computers six years ago.
Thankfully, it wasn’t nearly so rancorous.
Valued at $13.9 billion when it was first announced, the deal will more than double the size of HP’s consulting and outsourcing business . It will likely do the same to the $16.6 billion in revenue from services the company made in 2007.
When the dust has settled around the merger, HP will be the second-largest provider of consulting and outsourcing services, behind IBM (IBM). But it will take some doing to get there. “It’s a very significant combination,” Gartner’s (IT) Ben Pring said when the deal was announced back in May . “[But] people who are skeptical of big integrations will have a field day around this...
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